An interactive approach for multi-attribute auctions |
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Authors: | Gül?ah Karakaya Author VitaeMurat KöksalanAuthor Vitae |
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Affiliation: | Department of Industrial Engineering, Middle East Technical University, 06531 Ankara, Turkey |
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Abstract: | Auction processes are commonly employed in many environments. With rapid advances in Internet and computing technologies, electronic auctions have become very popular. People sell and buy a wide range of goods and services online. There is a growing need for the proper management of online auctions and for providing support to parties involved. In this paper, we develop an interactive approach supporting both the buyer and the bidders in a multi-attribute, single-item, multi-round, reverse auction environment. We demonstrate the algorithm on a number of problems. |
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Keywords: | Online auctions Multi-attribute auctions Interactive approach |
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